What is the price of linseed oil per kilogram/pound in Indonesia today?
The retail price range for Indonesia linseed oil is between US$ 5.16 and US$ 10.07 per kilogram or between US$ 2.34 and US$ 4.57 per pound(lb). Click here to see today's exact prices of linseed oil in Indonesia
The retail price range in Rupiah for linseed oil is between IDR 85,960.00 and IDR 167,826.67 per kilogram or between IDR 38,984.13 and IDR 76,111.87 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia linseed oil is between US$ 3.61 and US$ 7.05 per kilogram or between US$ 1.64 and US$ 3.20 per pound(lb).
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Indonesia Linseed Oil Export Prices - Historical, Trends and Prediction
The export price of Linseed Oil from Indonesia over the last five years has been quite volatile. In 2012, the price was 0.75 US$ per kg, which increased to 3.00 US$ per kg in 2013. In 2014, the price dropped to 1.60 US$ per kg, before increasing to 2.00 US$ per kg in 2017. The price then skyrocketed to 13.00 US$ per kg in 2018, before dropping to an all-time low of 0.02 US$ per kg in 2021. The price then rose again to 12.00 US$ per kg in 2022. Based on this data, it is predicted that the export price of Linseed Oil from Indonesia in 2023 will be around 6.00 US$ per kg, and in 2024 it will be around 8.00 US$ per kg.The Indonesia linseed oil exports are categorised as:
- Crude linseed oil (HS code 151511)
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
Indonesia Linseed Oil Import Prices - Historical, Trends and Prediction
The import price of Linseed Oil into Indonesia has seen a significant fluctuation over the past five years. In 2012, the price per kilogram was 0.75 US dollars, which increased to 3.0 US dollars in 2013. This was followed by a decrease to 1.6 US dollars in 2014. In 2017, the price rose to 2.0 US dollars, before jumping to 13.0 US dollars in 2018. The price then dropped to 0.02 US dollars in 2021. The most recent data shows that the price per kilogram of Linseed Oil into Indonesia is 12.0 US dollars in 2022. Based on the data, it is likely that the price of Linseed Oil into Indonesia will remain relatively stable in the next two years. We predict that the price per kilogram of Linseed Oil into Indonesia will be 12.0 US dollars in 2023 and 12.0 US dollars in 2024.Export values for Indonesia linseed oil
The total values in export for linseed oil in Indonesia were US$ 24, US$ 2 and US$ 39 in US dollar thousand for the years 2014, 2017 and 2018 in that order.
Prices of other produce in the Processed category in Indonesia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of linseed oil in other countries across Asia: Kazakhstan linseed oil, Kyrgyzstan linseed oil, Tajikistan linseed oil, Turkmenistan linseed oil, Uzbekistan linseed oil, China linseed oil, Hong Kong linseed oil, Macao linseed oil, North Korea linseed oil & Mongolia linseed oil.
Indonesia linseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia exported small quantities of linseed oil. Across 2019 alone, the demand for Indonesia linseed oil (processed category) has , with a change of per cent compared to the year 2018. Between 2017 and 2019, linseed oil's exports decreased by -100% bringing Indonesia US$0.00m for the year 2019. Indonesia's linseed oil exports are categorised as:
- Crude linseed oil (HS code 151511)
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
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Indonesia linseed oil export values
In 2019, Indonesia shipped linseed oil with a value of 0.00m USD, a drop of -100.00% from 2018's total linseed oil export of 0.039m USD. The annual reduction in value of Indonesia linseed oil between 2017 to 2018 was 1850 per cent.
The yearly change in the quantity of Indonesia's linseed oil exports between 2017 and 2019 was -100 percent between 2018 and 2019.
Indonesia's share of the world's total linseed oil's exports in 2019 was 3.3%. The country is ranked number 4 in world exports of linseed oil.
Export markets for Indonesia linseed oil ( in '000$ )
Indonesia's top export markets for linseed oil are South Korea, China, United Kingdom (UK), Brazil and Poland.
Import/Export Trends
Indonesia is a net exporter of linseed oil. The annual growth of Indonesia linseed oil in value between 2015 to 2019 was 55%, per annum, while annual growth in quantity through the same period was 19%, per annum.
Indonesia imported 2,692 tonnes of linseed oil in 2019.